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Milbank's Revenue Jumps 18% as Profits Soar 19% and Nonequity Tier Grows
The firm's 18.6% jump in PEP to $5.114 million occurred as Milbank saw a 51% expansion in its nonequity tier.
Pressure on UK Law Firms as US Competitors Raise NQ Pay Again
As US firms match the Cravath scale, domestic UK firms will fear falling too far behind.
Davis Polk Lures Another Cravath Partner, Adding M&A Litigator
Rory Leraris is at least the fourth Cravath partner who Davis Polk has hired in the last few years.
Deal Watch: Cravath, Skadden, Shearman, K&L Gates Steer Health Care Deals Amid Industry Momentum
"We are cautiously optimistic the healthcare and pharma IPO market will gain strength in 2024," said McDermott partner Todd Kornfeld.
8 Years Later, Cravath Registers as Foreign Agent for Ukrainian Firm Tied to Hunter Biden
Cravath's filing comes after "discussions with the Department of Justice regarding FARA's scope," the firm said in a statement Friday.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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Deal Watch: Big Law Dealmakers Are Evaluating These Factors to Assess 2024 Market
Frank Aquila, partner in Sullivan & Cromwell's corporate group, said the tempering of inflation and the broader economic news that ushers in could be a boon for M&A in 2024.
Key Regulatory, Enforcement Practices Drove DC Law Firm Hiring in 2023
While law firms in D.C. may have been more cautious with hiring, sustained demand for regulatory and enforcement practices have also had a positive effect on firms' profits.
8 Stories That Changed the Legal Industry in 2023
From A&O Shearman to Israel-Gaza—here are our picks for the biggest stories of the year.
Proskauer Layoffs Underscore String of Big Law Cuts in 2023
The firm's moves are consistent with a slew of large law firms making staff and associate cuts in 2023, as firms focused on efficiency, outsourcing and productivity in a year of declining demand.
How Some Big Law Firms Can Afford Associate Salary Raises
Most of the law firms that have confirmed matches to the latest associate salary scale have PEP above $2 million a year and more than $1 dollars in gross revenue.TRENDING STORIES
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